Doom and gloom on the job front

A report by the Chartered Institute of Personnel and Development reveals that it’s not just the unemployed feeling the strain of the current economic downturn.

Affecting job satisfaction, perception of management and senior management, and much more, employees are feeling the strain across the board with public sector employees being the worst affected.

Job satisfaction

Whilst job satisfaction has risen since the previous quarter’s survey, it is still +41. Public worker job satisfaction has also risen but is far lower at +34. Employees in Wales (+52) have the highest job satisfaction, whereas Northern has the lowest (+13).

Pressure at work

37% of staff feel that they are under excessive pressure either every day or once or twice a week, although this has dropped from 42% for the previous three months. Consider this alongside the stat that 41% of employees feel they don’t achieve the right work-life balance; splitting these into gender, 46% of men think they don’t achieve the right work life balance compared to 36% of women.

Job security

21% of employees think it is likely or very likely that they could lose their jobs as a result of the current financial climate. 27% of public sector workers responded this way. Looking at redundancies, 34% of employees report these have been made in their organisation, with 57% of public sector staff reporting this to be the case.

43% of employees report their organisation has frozen pay; and focusing only on public sector workers, a staggering 75% say this is the case.

So how has all this doom and gloom left people feeling? More than 21% of those surveyed are looking for a new job with a different employer. Need help finding a new job? Click here for advice on hunting down interviews, writing your CV and top interview tips.

Source: CIPD.